Insight

How does petrochemical integration improve competitive position?

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28 July 2021

How does petrochemical integration improve competitive position?

Report summary

The global pandemic and energy transition emphasise the importance of a strong competitive position for downstream sites. A key question is how can this be achieved. In 2020, second generation integrated refinery and petrochemical sites have demonstrated the resilience of the contribution from petrochemicals, so further supporting petrochemicals as a source of value addition. PetroPlan in conjunction with REM Chemicals can be used to quickly assess the impact of a competitor making a major downstream investment, either in their refinery or integrated petrochemicals. In this Insight we explore, using REM-Chemicals, S-Oil’s decision to add steam cracking at its site at Onsan, South Korea.

Table of contents

  • The global pandemic and energy transition emphasise the importance of a strong competitive position for downstream sites. A key question is how can this be achieved.
  • In this Insight we explore, using REM-Chemicals, S-Oil’s decision to add steam cracking at its site at Onsan, South Korea.
  • The key questions for any assessment of competitor intelligence are:
  • How does this change the competitive position of the integrated site?
  • How competitive are the olefins supplied from this site within the broader Asia region?

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What's included

This report contains:

  • Document

    REM Chems South Korea Insight July 2021.pdf

    PDF 1.22 MB